Italy General Government Structural Balance (National Currency) Statistics

19, Nov 2019, EST.

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Country or Region: Italy › Change country
Economic Indicator: General Government Structural Balance (National Currency) › See all Italy indicators, › See General Government Structural Balance (National Currency) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Euro
Currency Symbol: EUR

Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude. Source: National Statistics Office Latest actual data: 2014 Fiscal assumptions: IMF staff estimates and projections are based on the fiscal plans included in the government's 2016 budget. Estimates of the cyclically adjusted balance include the expenditure to clear capital arrears in 2013, which are excluded from the structural balance. After 2016, the IMF staff projects convergence to a structural balance in line with Italy?s fiscal rule, which implies corrective measures in some years, as yet unidentified. Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Accrual General government includes: Central Government;Local Government;Social Security Funds; Valuation of public debt: Face value Primary domest

General Government Structural Balance (National Currency) Statistics for Italy , Year 2015 - In Detail

General Government Structural Balance (National Currency) for Italy is EUR -14.271 Billion. Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude.

In the previous year, 2014, General Government Structural Balance (National Currency) for Italy was EUR -17.37 Billion General Government Structural Balance (National Currency) for Italy in 2015 was or will be 17.84% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (National Currency) for Italy was or will be EUR -21.80 Billion, which is 52.78% more than the 2015 figure.

* Source: IMF
General Government Structural Balance (National Currency) for Italy, in other Years
Year Billion
  2021 --
  2020 --
  2019 --
  2018 --
  2017 -13.26
  2016 -21.803
2015 -14.271
  2014 -17.37
  2013 -9.543
  2012 -25.75
  2011 -64.055
  2010 -60.895
  2009 -68.651
  2008 -61.36
  2007 -48.271
  2006 -60.267
  2005 -68.612
  2004 -67.163
  2003 -63.554
  2002 -54.649
  2001 -53.313
  2000 -30.929
  1999 -10.02
  1998 -27.873
  1997 -30.7
  1996 -57.195
  1995 -61.784
  1994 -70.809
  1993 -74.166
  1992 -83.931
  1991 -90.589
  1990 -84.974
  1989 -65.16
  1988 -62.945
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a